Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : E-Mini Pit -- Ignore unavailable to you. Want to Upgrade?

To: the-phoenix who wrote (4243)	7/17/2002 4:25:45 PM
From: herry iball	Read Replies (1) \| Respond to of 11288

I've been so busy playing with all these other things that I forgot to draw my Fibo retracements....I was just looking at 30ish as previous price resist....now I see why. duh. Last few weeks I've started developing a whole lotta respect for the fibo values, especially on large movements like we've had intraday lately.

To: the-phoenix who wrote (4243)	7/17/2002 4:44:22 PM
From: herry iball	Read Replies (1) \| Respond to of 11288

I've noticed that mornings generally trend nicely, and I often make most of my bucks there. I have given back in the afternoons due to whipsawing and now trade very carefully during that time. The mornings seem to develop a nice momentum within a half hour, whereas the afternoons will whipsaw in a 5 point range for one to three hours, then suddenly explode one way or another. Being in a trade awaiting that explosion has been basically gambling, since one has to 'guess' on the direction. RENKE charts smooth the whipsawing, and they intrigue me, but like all new things, they can turn around and bite ya. the 15 chart: ttrader.com